UTI Mutual Fund has announced a significant change in redemption amount for its UTI Gold ETF FoF, revising it from ₹25 to ₹1, effective June 23, 2026. According to reports from Value Research, this represents a substantial reduction in the minimum redemption threshold for investors seeking to exit their gold ETF investments through this fund of funds structure.
The reduction from ₹25 to ₹1 represents a 96% decrease in the minimum redemption amount, indicating a significant change in the fund's operational structure. As reported by Value Research, this revision affects the UTI Gold ETF FoF specifically, which is a fund of funds structure that invests in underlying gold ETFs rather than directly holding physical gold.
The redemption amount change takes effect on June 23, 2026, providing investors with advance notice of the new minimum redemption requirements. According to Value Research, this change affects the UTI Gold ETF FoF structure, which operates as a fund of funds investing in underlying gold ETFs rather than holding physical gold directly.
